Corporate Announcement (India) | 28 May 2026
Key Positives
- HBL Engineering won โน1,714 Cr Kavach order; strong railway signalling momentum.
- Chemplast Sanmar and Century Ply started commercial production at new facilities; capex monetisation underway.
- Likhitha Infra secured โน121 Cr Oil India order.
- AWL Agri Shree Renuka partnered for โMadhurโ sugar distribution.
- Swelect Energy acquired solar asset company to expand renewable portfolio.
- Persistent Systems, Nazara Tech and Apar Industries continued expansion/investment activity.
Fundraising / Dilution Watch
- Hi-Tech Pipes, Sanstar, Emrock and Mizzen Ventures announced/prepared preferential fundraising.
- Greaves Cotton infused more capital into Greaves Finance.
- Cargosol Logistics and Consecutive Commodities evaluating fundraising/rights issue plans.
Expansion / New Business
- Vivanta Industries entered EV charging infrastructure business.
- Valencia Nutrition launched packaged bakery segment under โValencia Bakeryโ.
- CapitalNumbers acquired US-based cloud company.
Order Wins
- Kernex Microsystems received โน15.9 Cr tracking systems order from Jindal Steel.
- Power & Instrumentation, Globesecure and others reported fresh contracts/orders.
Corporate Actions
- Gautam Exim fixed record date for 3:1 bonus issue.
- UP Hotels progressing voluntary delisting.
- Simplex Castings proposed stock split.